Whose Nose is Growing?

by Luke Sidewalker on December 9, 2009

As I emptied the mail box at Castle Sidewalker this morning I was disturbed to see a letter from our medical insurance company. The reason for my angst? Quite simply I have never received a letter from them that has either been a refund or a premium reduction. And sure enough this letter did not buck that trend. They kindly informed me that as of January 1st they are jacking my premium by a ‘healthy’ 17.6%.

This notification left me scratching my head, as only last week Ben Bernanke the Chairman of the Federal Reserve had said in is statement that inflation was currently non existent, and he was set to continue his Zero Interest Rate Policy (ZIRP).

I thought about writing back to the insurance company refusing their generous premium hike, citing the testimony of the man closest to the heartbeat of our economy. So you can see the conundrum we have here. Somewhere someones nose is growing Pinocchio style. The question is whose nose. Is it Mr. Bernanke’s or is it the CEO of my insurance company?

If there is no inflation, then my insurance company is gouging me. If there is inflation, then why my are my savings receiving 0.1% interest? Either way, regular people like you and me are getting the run-around. Would the last person to leave the Middle Class please turn the light out…

I’ll leave you with this question, who do you think is lying to me? The insurance company or the Federal Reserve Chairman? Your thoughts on this would be most welcome.

It wouldn’t surprise me to find out that health insurance companies are going to be gouging now before any regulatory decisions have been put into place prohibiting that kind of robbery. I saw something similar when the local chain got a five year heads-up that there would be a super store coming into town. As I recall, a gallon of bottled water went from 25 cents to $1.00 in one fell swoop. It was apparent they planned to make “their’s” while they could. Perhaps we can all ask our representatives how they plan to protect us from ‘the gouge’. How did insurance companies survive after recent years’ disasters? Think about that and watch your blood pressure…and those growing noses.

They are both lying to you. I would think you of all people would know this young sidewalker…

Just think of Old Ben Kenobi when being stopped by the storm troopers before hooking up with Han Solo… “These are not the droids you’re looking for…you can go…”

Now on the flip side of the force, Old Ben Bernanke is saying… “There is no inflation, everything is fine.” And like the storm troopers- most of the mass morons despite seeing evidence to the contrary right in front of them, say “yes, there is no inflation… everything is fine, these are not the droids we’re looking for, move along.”

G.W. Bush and Obama both nominated Bernanke… I thought Obama was going to clean up Georgie’s mess? I wouldn’t be surprised if the CEO of your insurance company and Ben Bernanke had a nice cigar and snickered over how dumb ‘the peasants’ are. I can see Old Ben now saying… “Listen, don’t worry about it- go ahead and hike the premiums and I’ll just keep telling ‘em what they want to hear…afterall, it’s not like they’ll be able to ‘DO’ anything about it!” while they both double over in conjoined laughter.